Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22268. (Read 26709367 times)

Smeagol  want precious DOOOOOOOM


Precious.

Coin
Explanation

I think it is something like sliced DOOOOOM , auction flavoured  , evolution sprinkled, and dusted with chinese horoscopes, and a side serving of single digit tragedy. Laid out on a bed of global governmental clampdowns accompanied by a rich jus of next generation IBM coin. Served with a matching rich fine wine with hints of overtaking ALT coin and after taste of Satoshi cashout.

All in all a fine and wonderful evening out, however the establishment is slightly let down by tardy staff, missing orders, and cold servings of DOOOOOOM.

Double digit coins.....something something bull shit.....

but but but I was promised proper DOOOOOOM.... 

One aspect of what you write is true. I am a successful professional in a highly competitive and fairly lucrative field (compared to average Joe, excluding financial services!). I simply don't have time to do much else than check wisdom or post on here from time to time.

You seem to have a fairly clear misunderstanding of what trading is. It isn't feeling clever trading leverage (x3 or x20 etc). Sure I mock you by saying 'line on a chart' because TA is certainly not a science, nor reproducible for two people on masterluc's thread, let alone the 20 somethings posting on here, with any success.

Trading is about buying low and selling higher for profit. Not churning out hundreds of trades and going bust when the market sneezes. I like many bulls am deliberately accumulating like I did in 2013 in expectation  of significantly higher prices. I may be wrong. If I am my life is the same.

There is resistance on this forum to anyone who is bullish on bitcoin as a commodity ('bulltard'). Purely because of a protracted bear market. You guys have forgotten what bitcoin is and what it may do in the future.

You focus on the fact the price is below the ATH price as if this really matters in the context of the coin supply exponentially drying up.

The largest holders (real players) are accumulating and this can be seen looking at the top 100 or 500 addresses. When they start selling perhaps you might be on to something. But I see a nascent digital commodity currency with inelastic gold like properties, counting down to the next halving of supply, whilst VC's are funding and stealth funding the space to the tune of 100's of million dollars every few months. Wall street is inching towards allowing normal investors to buy in through exchange traded funds. Legislation in the financial capital of the developed world is shortly to be announced for bitcoin.

You would have to be blind not to see the next rally is coming.

no dude. it doesn't work that way. you don't push the price up on low volume and then remove buy support.

unless...

 

Bud side thinning out again

Bear trap?

"Dear police,

You accuse my son of being the mastermind of yet another online drug marketplace, the "Sheep 2.0 *bath salts for y'all* market" running away with all users' funds.

My son is a sweet kid and he would never rob anyone, let alone on the internet. He loves bitcoin yes, but he never got in trouble, that's not how I raised him.
Please do not throw him in jail."


-My Mom.

Congratulations  . Maybe the evo thiefs will launder their stolen BTC once again through XMR and DRK and pump it even a bit higher. Good luck to ya all young cryptoneererss and a good night!

Lots of sockpuppets. Maybe we'll get a move soon.

Except for the fact that btc is not anonymous.

By the way fonzie my sweet,  I thought you'd like to know that I'm now above water with Monero

 

https://i.imgur.com/KcRKTVc.gif

but seriously bulls...

trying to break the upper line of the channel with this volume?

pathetic.

Coin
Explanation

"They want to use anonymous currency that allows them to do transactions, move large amounts of money, without ever being traced.
That's why digital currency is very important. It's used for all this bad stuff."--Tate Jarrow, recipient of U.S. Secret Service Exceptional Service Award

http://s9.postimg.org/oyuitfwcv/Capture.jpg

Take THAT, Bitcoin criminal scum!

Your description of "using lines on a chart", "charts were bearish in 2011" shows that you have a superficial understanding of TA or trading.

As always, the "most traders lose money" narrative is an excuse for people who are clueless about how trading is supposed to be done.
Let's be clear, there is absolutely nothing wrong with that, if that's not your style and you don't feel like stressing yourself with the act of following charts and learning how to do it. Nothing wrong. The problem is judging something you don't know much about.

You keep making assumptions about posters here and try to use that in some vague way to show that with trading people will lose in the long run.
Truth is, trading BTC today (that the market has matured a little bit from the more wild early days) is fairly easy for people who know what they are doing (and you don't need to be a professional or whatever) and don't overtrade.
As an example, somebody who started in 2013 with your amount of capital (how much it is I don't know but doesn't matter) would probably be sitting on something like 10X or more the amount of coins/fiat you have right now if he would have incorporated simple and basic trading tools in his investment strategy.

Again, I get that it is not your style, you don't have time to learn or to do it (although it doesn't take that much tbh) etc and that's perfectly fine, but please stop talking about TA and trading as if you knew what they are about. That's all I'm asking.

Another assumption, ey?  


I will ask you in a few weeks again.


It's a pity that I can't show you proves of my gains. Frist problem: privacy, second problem: to easy to falsify. But we'll see in the coming weeks and months, who's right. And let me say one thing: I'm very quick in changing my position - I will not be here declairing a heavy bear market for months or even years when it's in fact entering a bull market. Not like you declaring short squeezes and a heavy bull market for months and months when price knows only one direction, down. Looks like you are the opposite extreme to XiaoXiao.


I use leverage selectively and carefully. Just another assumption...


In 2011 the market was really ultra hard to predict. Since 2012 this has changed and it's easy - the only difficult aspect on trading btc is not to recognize the mayor directions(of course often not from the very beginning) but the price targets, as market participants are tending to exaggerate heavily in both directions.


You should have already noticed that English is not my mother tongue. If you didn't, thanks for the compliment.